U.S. Fed’s Michael Barr to Step Down as Vice Chair for Supervision
Barr will continue to serve as a member of the Federal Reserve Board of Governors.
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Michael Barr
Barr will continue to serve as a member of the Federal Reserve Board of Governors.
The U.S. is far from making any decision on a central bank digital currency (CBDC), said Federal Reserve Vice Chairman Michael Barr, who described the Fed as still being in the “basic research” phase.